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ECONOMY

Azerbaijan triples crude oil exports to Switzerland

21.08.2026 [15:57]
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Azerbaijan triples crude oil exports to Switzerland

Baku, August 21, AZERTAC

In January–July 2026, Azerbaijan exported 272,501.37 tons of crude oil to Switzerland, marking a threefold increase, or 182,804.45 tons, compared with the same period last year, according to the State Customs Committee.

Azerbaijan’s crude oil exports to Switzerland were valued at $193.596 million, marking a 3.6-fold annual increase, or $139.738 million.

During the reporting period, crude oil shipments to Switzerland accounted for 2.14% of Azerbaijan’s total oil exports.

According to data on crude oil exports for which customs clearance was completed during the reporting period, Azerbaijan exported 12,722,590.97 tons of crude oil and petroleum products derived from bituminous rocks to 11 countries, with a total value of $8.033 billion.

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